MSC Industrial Direct Inc. and Wesco Distribution recently held conference calls on their respective quarterly earnings. MSC discussed market conditions and the integration of J& L as well as year-end results; WESCO addressed its pending Communications Supply Holdings acquisition. Here's a summary of the respective company calls.
MSC Industrial
In line with recent reports of a coming deceleration in manufacturing activity, MSC Industrial Direct executives say they have already seen slower growth in first quarter fiscal 2007 than in fourth quarter 2006.
Still, in the last several days we have begun to see more strength," said CEO and President David Sandler. "MSC has historically grown revenues in excess of industrial growth, and we believe ...
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MSC Industrial Direct Inc. and Wesco Distribution recently held conference calls on their respective quarterly earnings. MSC discussed market conditions and the integration of J& L as well as year-end results; WESCO addressed its pending Communications Supply Holdings acquisition. Here's a summary of the respective company calls.
MSC Industrial
In line with recent reports of a coming deceleration in manufacturing activity, MSC Industrial Direct executives say they have already seen slower growth in first quarter fiscal 2007 than in fourth quarter 2006.
Still, in the last several days we have begun to see more strength," said CEO and President David Sandler. "MSC has historically grown revenues in excess of industrial growth, and we believe ...
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